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How will elections be held for President and Vice-President?

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How will elections be held for President and Vice-President?

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There will be a two-round system for the offices of President and Vice-President. (The two candidates will run on a single ballot). A candidate needs to get an absolute majority of the votes, meaning at least 50% of all valid votes cast plus one vote. If none of the candidates has an absolute majority, a second round will be held with only the two candidates who had the highest votes. If a second round is held, the candidate with the majority of votes is elected.

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